Martin purchased machinery on january 1, 1999 for $80,000. the machinery was expected to have a useful life of 5 years and a salvage value of $20,000. straight line depreciation was recorded on december 31, 1999 and december 31, 2000. on december 31, 2001, martin had the machinery appraised, and the appraisal value was determined to be $70,000. what should martin do on december 31, 2001?
a. record depreciation expense of $12,000b. record depreciation expense of $16,667c. record depreciation expense of $18,667d. record no depreciation expense for 2001

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?